Home sales were essentially flat in April; the big news came in inventory, reports CNBC's Diana Olick.» Read More
"I'm hearing from them constantly." That's what Kenneth Feinberg, the administrator of a $20 billion oil spill compensation fund, told members of Congress. Them? Real estate agents and brokers. "They make a credible argument," he adds.
In the face of some otherwise-daunting obstacles, commercial real estate is proving to be an attractive area for investors looking for bargains as loans come due and foreclosures mount.
Independent mortgage bankers are making a lot less money on each loan they originate these days, and they're originating a lot fewer loans on top of that.
Expectant parents shopping for a home are not the only ones concerned about the date of the baby’s arrival. Mortgage lenders are taking a harder look at prospective borrowers whose income has temporarily fallen while they are on leave, including new parents at home taking care of a baby.
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"Absurdly bullish expectations" could send the market lower. Here's how to maneuver around it.
Unemployment benefits should be extended for humanitarian reasons, billionaire businessman Mort Zuckerman told CNBC Monday.
With little to no fanfare, it appears jumbo loans are not only getting cheaper, they're getting easier to obtain. After several years of stagnation in high-end housing, thanks to the disappearance of the jumbo market, things are moving yet again.
With President Obama’s press statement today, bludgeoning Republicans to extending jobless benefits for up to 99 weeks without budget offsets, we’re seeing a familiar game play out in recession politics: political football with the unemployed.
It seems that some days all news is good news to the stock market and the next day all news is bad news. And other times it seems as though the stock market extrapolates one single economic indicator as though it alone matters.
President Barack Obama reveals to NBC News what Warren Buffett told him about the economy when the two men sat down at the White House earlier this week.
The financial regulatory reform bill is all but getting in a cab to the White House, and that has housing watchers convinced that the next big item on the Administration/Congressional agenda will be the Government Sponsored Enterprises reform.
Recent data underscores what should be obvious by now: that this recovery will be three steps forward and two steps back.
"I had no idea that they could foreclose," Tony Goodman tells me. Neither did I, but Goodman's homeowners association did just that in April because he owed $769 in back dues.
Stocks were lower on Thursday following signs that the recovery remains tepid, even as companies report strong earnings. So where should investors look to put their money amidst the uncertainty? Jay Leupp at Grubb & Ellis AGA and Harry Clark of Clark Capital Management Group discussed their views.
Does the Federal Reserve mean it could take up to five to six years to get the economy performing to its potential? It does not mean we will be in recession that entire time. In fact, the Fed sees growth of 3 percent this year, accelerating to 4 percent in 2012.
Two barometers of the US economy are moving in different directions, sending mixed messages about the depth, breadth and speed of the recovery.
That heady buzz from the home buyer tax credit is now turning into a grinding headache, as home sellers realize their very temporary, government-induced catbird seat has now fallen back to earth.
Odds of a double dip continue to drop. We now have three companies in three different fields that have not tried to dampen expectations for the second half of the year: Intel in tech, CSX in transports, and Alcoa in aluminum.
The key to the job growth and recovery in the US is a small business rebound, Milton Ezrati, chief economist at money management firm Lord Abbett, told CNBC Tuesday.